Nationalisation of SA’s central bank will not deliver miracles
More modern shareholding structure welcome, but mandate and terms will remain the same
It has become common cause that personalities, and not necessarily conference deliberations and resolutions tend to take centre stage during elective political party conferences. This unwittingly becomes the public discourse, relegating to the back burner an important aspect that has a direct effect on the lives of citizens — the conference resolutions. This trend is to some extent understandable for a variety of reasons. Contestation at party conferences is a welcome trend and not emphasising figures who are elected becomes almost impossible. The only danger is relegating resolutions to the periphery in the public discourse. But now that the Nasrec dust has cleared and the political contests settled, it must be noted that delegates at the ANC’s conference made some of the most bold and assertive pronouncements on land, wealth tax and competition policy. Of particular interest is the conference pronouncement on the long-standing debate on the nationalisation of the South African Res...
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